Thursday, 11 July 2013

ALUMINIUM TREND FOR TODAY- 12-July-2013

Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 107-106-105-104-. Immediate resistance for Aluminium is 109
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is in sideways and sellers was at high so for short term better buy above 109.2 or hold with stop at 105.55 The next resistance will be at 108.9 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 109.2 with a stop at 107.4 Below 107 go for sell and put stop at 108.8
Intraday Resistance of ALUMINIUM are 109 : 109.8 : 113.4 : 115.6 : 118.7 : 121.9 : 124.3 : 126.6
Intraday Support of ALUMINIUM are 107.2 : 106.4 : 103 : 100.9 : 98 : 95.1 : 93.1 : 91.1

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